6412 Melissa WayLake WorthFL33467
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lake Worth at 6412 Melissa Way, Lake Worth, FL, 33467 listed at $1,150,000 pairs $3,948/mo rent with a $5,629/mo payment. Total monthly income runs $3,948/mo. Return on cash invested measures 8.51% in year one, and rental yield registers 4.12% at a $1,150,000 basis. Equity gained on principal adds $7,421/yr, and annual property appreciation at 5% supports $317,724 by year five. Five-year ROI tracks 42.2% and total cumulative return in cash totals $157,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,948/mo property income relative to a $5,629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33467, Lake Worth, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,072 (100%) |
| Owner Occupied HU | 21,130 (78.1%) |
| Renter Occupied HU | 3,524 (13.0%) |
| Vacant Housing Units | 2,418 ( 8.9%) |
| Median Home Value | $513,106 |
| Average Home Value | $550,949 |
Housing Distribution
Address Breakdown
Residential
25,492
Single Family
19,736
Multi-Family
5,756
Businesses
765
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Listed by: Samantha Arlyn Gornstein • Douglas Elliman
Mls Name: BeachesMLS
Mls ID: #RX-11137020